Dubai’s Palm Monorail has resumed operations after a six-month maintenance shutdown, restoring the only public transport service running along Palm Jumeirah. The reopening reconnects Palm Gateway with Al Ittihad Park, Palm Jumeirah Mall and Atlantis Aquaventure, giving residents, hotel guests and tourists an alternative to taxis and private vehicles. Passengers can again purchase tickets online or from customer service desks at the stations. The 5.5-kilometre elevated line […]
Polymarket has filed regulatory applications that could allow its United States prediction-market business to offer margin trading, a major step towards introducing leveraged event contracts to American customers. The applications were submitted to the National Futures Association on July 3 through PM Derivatives LLC. They seek registration as a futures commission merchant, membership of the industry regulator and approval to operate as a swap firm. Coming Home […]
HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 10 July 2026 – Green SM has been recognized with two prestigious accolades at the HR Asia Awards 2026: “Best Companies to Work for in Asia – Vietnam” and the Technology Empowerment Awards. These achievements recognize the Company’s people-centric talent strategy, its commitment to empowering employees through technology, and its efforts to cultivate a unified organizational culture across its global operations.
Green SM representatives receive the “Best Companies to Work for in Asia – Vietnam” and “Technology Empowerment Awards” at the HR Asia Awards 2026.
The HR Asia Awards are among Asia’s most prestigious annual human resources awards, recognizing organizations that demonstrate excellence in workplace culture and sustainable people development. Winners are evaluated using the TEAM (Total Engagement Assessment Model), which measures employee engagement, organizational trust, and workplace experience, drawing on benchmarking data from more than 2.5 million employees across 20,000 organizations throughout the region.
According to the independent assessment conducted for the HR Asia Awards 2026, Green SM significantly outperformed market benchmarks in the “Best Companies to Work for in Asia” category, achieving outstanding scores across several key dimensions, including technology enablement in the workplace (4.8/5), workplace sustainability (4.71/5), and diversity, equity, and inclusion (4.72/5).
A defining element of Green SM’s workplace culture is its unwavering commitment to the principle that “Every Voice Counts.” This commitment is embedded through comprehensive employee engagement initiatives, including regular internal surveys, 360-degree performance evaluations, and multiple feedback channels that transform employee insights into tangible improvements in policies, workplace practices, and operational excellence.
At Green SM, talent development is viewed not merely as an HR function but as a strategic driver of service excellence. The Company continues to invest comprehensively in recruitment, professional training, operational standardization, workplace culture, and structured career development pathways for its Green Drivers. In parallel, Green SM delivers continuous capability-building programs for managers and employees, combining practical learning with digital learning platforms to strengthen leadership and management capabilities and organizational agility in an evolving business environment.
Alongside its investment in people, Green SM has been progressively building a unified organizational culture across its international markets. Rooted in values established in Vietnam while embracing the diversity of local cultures and communities, the Company fosters an environment that encourages collaboration, continuous learning, and empowerment. This enables teams across different countries to uphold consistent service standards while remaining responsive to the unique needs of local customers and communities.
Green SM also received the Technology Empowerment Awards in recognition of its continued digital transformation in human resource management. Through the digitalization of HR processes, the development of competency frameworks, the expansion of digital learning ecosystems, and the integration of data-driven people management, the Company has streamlined repetitive administrative tasks, enhanced decision-making efficiency, and enabled employees to devote greater focus to innovation, customer experience, and superior service delivery.
Mr. Nguyen Quoc Tuan, Global Chief Executive Officer of Green SM, said: “Our people have always been the cornerstone of Green SM’s sustainable growth. We believe that when individuals are empowered by technology and united by shared values, our teams across every market can deliver exceptional experiences for our customers. These two awards affirm the direction we have taken and further strengthen our commitment to building a truly multinational organization with its roots in Vietnam.”
In 2026, Green SM aims to expand its global workforce and partner network to approximately 400,000 people worldwide. As the Company continues to accelerate its international expansion, it will further invest in talent development and technology-driven people management to build a highly capable global workforce, maintain consistent service excellence across markets, and advance its vision of becoming the world’s leading green mobility platform.
Hashtag: #GreenSM
The issuer is solely responsible for the content of this announcement.
Arabian Post Staff -Dubai Emrill has opened a central warehouse in Dubai’s Ras Al Khor district, consolidating materials storage and distribution to improve response times across its facilities management contracts in the UAE. The strategically located facility is expected to cut travel time across the company’s Dubai operations by as much as 12 minutes per journey on average. Emrill said the reduction would accelerate deliveries to client […]
Turkish Foreign Minister Hakan Fidan has accused Israeli Prime Minister Benjamin Netanyahu’s government of posing a threat to international security, sharpening Ankara’s criticism of Israel as diplomatic efforts continue to contain conflict across the Middle East. Fidan said Netanyahu’s policies had become a burden not only for Türkiye and the wider region, but also for Israel itself. He argued that the Israeli leader and his political allies […]
Arabian Post Staff -Dubai Ajman Bank has opened a corporate office on Sheikh Zayed Road in Dubai, strengthening its capacity to serve companies, institutions, business owners and wealth-management clients across the UAE’s largest commercial centre. The 7,565-square-foot office has been designed as a specialised hub for corporate, business and wealth banking. It combines private meeting areas with digital screens, advanced audiovisual systems and smart technology intended to […]
Arabian Post Staff -Dubai Modon Holding and Abu Dhabi Islamic Bank have agreed to offer eligible buyers financing of up to 75 per cent for homes under construction, opening a new route into Abu Dhabi’s expanding off-plan property market. The financing programme will be available exclusively for future developments launched by Modon. It is designed to provide funding during construction rather than requiring buyers to wait until […]
Arabian Post Staff -Dubai Digital Dubai and the Emirates Group have signed a collaboration agreement to widen the aviation group’s access to Dubai’s government digital services, shared platforms and data. The agreement is designed to improve employee experience, accelerate internal processes and strengthen operational efficiency across a workforce of more than 130,000 people. It also creates a framework for systems integration, secure data exchange and wider use […]
Bharat Sanchar Nigam Limited has widened access to its satellite communication service with a rugged handset priced at ₹1,34,166, targeting users who operate beyond the reach of conventional mobile networks.
The state-owned telecom company said the device can provide voice calls and text messaging in isolated regions, including mountainous terrain, forests, offshore locations, mining zones and areas affected by natural disasters. The quoted handset price includes taxes, while customers must separately subscribe to an approved Global Satellite Phone Service plan.
The phone is being positioned primarily for defence units, maritime operators, emergency agencies, mining companies, remote infrastructure teams and adventure travellers. Unlike ordinary mobile phones, it communicates directly with a satellite rather than depending on nearby ground towers, allowing connectivity across large areas where terrestrial coverage is unavailable or unreliable.
BSNL’s announcement represents an expansion of an established service rather than the introduction of satellite calling for the first time. The company has offered voice and SMS connectivity through its Global Satellite Phone Service to the public and private enterprises since January 1, 2018.
The renewed commercial push comes as satellite communication assumes greater importance in disaster management and strategic operations. Cyclones, floods, earthquakes and landslides can damage mobile towers, sever fibre links and disrupt electricity supplies. Satellite phones provide an alternative channel for coordinating rescue teams, sharing field information and maintaining contact with command centres.
The service can also support personnel stationed along remote borders and crews operating far offshore. Mining, energy and construction businesses may use the handset at project sites where installing mobile towers or fibre infrastructure is technically difficult or commercially unviable.
BSNL offers separate plans for government and commercial customers. Post-paid monthly charges begin at ₹3,500 for government users, with 16 minutes of voice usage or an equivalent number of SMS messages included. Another government plan costs ₹5,835 a month and includes 30 minutes or messages.
The commercial post-paid package costs ₹11,670 a month and provides 60 minutes of calls or SMS messages. Once the included allowance is exhausted, government users pay ₹18 per minute or message, while commercial subscribers pay ₹25. Taxes are charged separately on the service plans.
Pre-paid options are also available. Government customers can choose a ₹3,500 monthly package carrying 20 minutes or messages, or an annual plan costing ₹38,500 with an allowance of 240 minutes or SMS messages. Commercial packages cost ₹5,835 a month for 30 minutes or messages and ₹64,185 a year for 360.
Additional pre-paid top-ups are available in denominations ranging from ₹200 to ₹10,000. The pricing underlines the specialised nature of the service and is likely to limit widespread consumer adoption, particularly when compared with conventional mobile connections and emerging satellite messaging features on premium smartphones.
Satellite phone ownership and use remain subject to strict security requirements. Subscribers must undergo the prescribed customer verification process and disclose where the handset will be used, the period of intended operation and the purpose for which it is required. These conditions are designed to maintain traceability because satellite devices can function independently of domestic terrestrial networks.
The communication transmitted through the Global Satellite Phone Service is encrypted. However, the service currently supports only voice calls and SMS, not high-speed internet access or the broader applications available on modern smartphones.
Customers have been advised to approach the nearest BSNL office for purchasing and activation details. Availability may depend on documentation, regulatory clearance, service eligibility and the user’s stated operational needs. The company has not announced a mass-market retail network or consumer financing options for the handset.
The move is distinct from direct-to-device satellite technology, which seeks to connect ordinary mobile handsets to satellites without requiring a dedicated satellite phone. BSNL has also worked with US-based Viasat on trials of direct satellite connectivity, including messaging and emergency communication applications.
Competition is developing in the broader satellite communications market as global and domestic companies prepare broadband services for homes, enterprises and remote locations. Starlink, Eutelsat OneWeb, Jio Satellite Communications and other operators have pursued regulatory approvals and spectrum access, although satellite broadband requires different equipment, licensing and commercial models from BSNL’s voice-focused service.
COLOMBO, SRI LANKA- Media OutReach Newswire – 9 July 2026 – On July 4, 2026, the cultural exchange event Encounter & Insight: Dialogue Between Ningbo, China and Colombo, Sri Lanka took place in Colombo.
On July 4, 2026, the cultural exchange event Encounter & Insight: Dialogue Between Ningbo, China and Colombo, Sri Lanka took place in Colombo.
Separated by thousands of miles, the two millennia-old port cities reconnected, leveraging their ports as a bond and cultural exchanges as a cohesive force to hold in-depth talks on integrated port-city development and bilateral economic and trade connectivity.
This cross-Indian Ocean dialogue echoes the ancient Maritime Silk Road while charting a brand-new outbound development path. As a pivotal starting port of the ancient Maritime Silk Road, Ningbo is building a new global trade landscape powered by smart manufacturing.
A thousand years ago, merchant vessels from Mingzhou Port set sail southward loaded with Yue Kiln celadon porcelain, passing through Ceylon to deliver Oriental crafts across the Indian Ocean coasts. Precious gemstones and spices traveled the same sea route back to regions south of the Yangtze River, laying the groundwork for the earliest cultural exchange between the two ports through trade. Today, the cargo carried by giant cargo ships has undergone a dramatic transformation. Beyond traditional daily necessities, intelligent equipment, digital home appliances and industrial robots now dominate shipments.
Official statistics show that Ningbo’s exports of intelligent equipment, including mechanical arms and industrial robots, hit 440 million yuan in 2025, surging more than 40% year-on-year. From January to May this year, Ningbo’s exports of mechanical and electrical products maintained steady growth, reaching 247 billion yuan, a 4.1% year-on-year increase and accounting for 58.0% of the city’s total export volume. The new energy foreign trade sector saw explosive growth, with exports of new energy vehicles, lithium batteries, and photovoltaic products jumping 138.4% year-on-year, with electric vehicle exports skyrocketing 215.9%. Smart manufactured goods are continuously expanding the scope of Ningbo’s foreign trade.
Complementing the Colombo forum, an exhibition highlights Ningbo’s outstanding going-global enterprises and their products, vividly illustrating the profound shift in Ningbo’s trade structure.
Alongside time-honored Maritime Silk Road staples such as celadon porcelain and silk, Ningbo’s smart manufactured products—including AI translation glasses, intelligent outdoor gear and digital small home appliances—occupy prominent display spaces across the venue. In Sri Lanka, Ningbo smart water meters are widely adopted nationwide, while handheld cooling fans and intelligent kitchen appliances have entered ordinary households.
Leveraging Colombo Port’s transshipment advantages, massive volumes of Ningbo smart manufactured goods are distributed onward to Europe, the Middle East and beyond. What Ningbo exports today is no longer mere commodities, but a complete outbound solution integrating technology, brand value and after-sales services.
Faced with mounting challenges including homogeneous global market competition and rising trade barriers, Ningbo’s manufacturing sector has abandoned the old model of low-cost OEM production, relying on intelligent transformation to consolidate its competitive edge in overseas markets.
Over more than a decade of digital transformation efforts, Ningbo has achieved full digital upgrading of all industrial enterprises above designated size. A large number of local factories have built unmanned black-light workshops and flexible production lines, escaping vicious price competition through continuous technological iteration. Represented by five specialized, sophisticated, distinctive and innovative enterprises dubbed Ningbo’s “Five Little Tigers”—famous for their core proprietary technologies, including highly sophisticated visual inspection equipment, heat-resistant materials, sun-proof coatings, puncture-proof materials and self-drilling fasteners—these niche manufacturers have developed differentiated technical routes and full-spectrum production capacity, cementing irreplaceable competitiveness for Ningbo smart manufacturing on global markets.
Beyond trade expansion, Ningbo has built a supporting cultural communication system to ensure “products go global, accompanied by local culture”.
The launch of Sri Lanka’s first “One-Meter Cultural Space” cultural station during the Colombo event marks a tangible milestone of Ningbo’s go-global initiative. Built on enterprises’ overseas outlets, these miniature cultural exhibition halls integrate intangible cultural heritage crafts, urban stories and smart products, enabling overseas clients to experience cutting-edge manufacturing while gaining insight into Ningbo’s profound cultural heritage.
During the twin-city story-sharing session, Ningbo entrepreneurs based in Sri Lanka and local designers blending Chinese and Sri Lankan aesthetics shared stories of bilateral exchanges. Economic and trade ties have evolved into a bond for people-to-people communication, bridging divides in cross-cultural trade.
From Tang-dynasty celadon porcelain sailing across the Indian Ocean to intelligent equipment shipping to every corner of the globe, Ningbo, the ancient Maritime Silk Road port, has preserved its enduring gene of openness. Where exchanges once relied purely on commodity trade, today smart manufacturing underpins a stable, diversified and high-value-added global trade network.
The Ningbo-Colombo dialogue stands as a vivid microcosm of this transformation: the port still links lands and seas, yet the core of its trade has undergone a full intelligent upgrade.
Rooted in its historical legacy as a key Maritime Silk Road hub, Ningbo has consolidated its industrial foundation through a decade of digital development, expanded global market reach via worldwide port networks, and softened trade cooperation through cultural exchanges. This brand-new outbound shipping route forged by smart manufacturing has not only reshaped the city’s foreign trade landscape, but also delivered a replicable port-city development model for Chinese manufacturing to go global.
Arabian Post Staff -Dubai Keyper has raised US$11 million in Series A funding to expand its monthly rent payment platform and digital property infrastructure across the UAE, as tenants and landlords adjust to a housing market under pressure from high demand, rising rents and changing payment expectations. The round was backed by Speedinvest, Mashreq’s NeoVentures, Middle East Venture Partners, Dubai Future District Fund, Property Finder and other […]
Compelling path to $1billion ARR and public offering, fueled by product market fit in the agentic AI age, explosion of identities and related threats, and accelerating growth
SINGAPORE – Media OutReach Newswire – 9 July 2026 – Keeper Security (“Keeper” or “we”), the identity security platform for humans, machines and AI agents, today announced a major milestone in its journey to become the market standard for AI-native identity security, having reached $225 million in Annual Recurring Revenue (ARR). Since 2021, Keeper’s ARR has grown over 3x.
Keeper protects over 95,000 organizations, which includes many Fortune 500 enterprises and public sector agencies. The company is quickly emerging as the market standard for AI-native identity security for enterprises globally with its leading zero-trust and zero-knowledge identity security platform. In 2025, leading analyst firm Gartner recognized Keeper as the second-fastest-growing security software competitor globally, second only to Google.* This recognition underscores Keeper’s rapid market expansion in addressing identity security challenges created by cloud transformation and artificial intelligence adoption across enterprise infrastructure and endpoints.
Keeper is now growing at over 4x the industry average.
This market-leading growth is driven by the explosion of identities in the agentic AI age and relentless focus on innovation to protect customers, as evidenced by the release of its unified privileged access management and identity security platform, KeeperPAM®, which protects both human and Non-Human Identities (NHIs), including service accounts, machine identities, databases, AI agents and agentic workloads. Since the launch of KeeperPAM in February 2025, KeeperPAM revenue has exhibited 10x year-over-year growth and Keeper has seen industry-leading new customer growth, adding an average of 850 new organizations every month. In the last fifteen months, Keeper added over 400 innovative features and products to KeeperPAM.
“Identity is the new security perimeter,” said Darren Guccione, CEO and Co-founder of Keeper Security. “As enterprises increasingly deploy AI agents and autonomous systems, the number of privileged identities and machine credentials is growing exponentially. Organizations need a modern, unified platform that secures every identity – human and non-human – and governs every privileged interaction. Our growth reflects the market’s demand for a platform purpose-built to address these challenges.”
Keeper’s cloud-native cybersecurity platform delivers a comprehensive approach to identity security and privileged access management by unifying enterprise password management, secrets management, privileged session management, database management and endpoint privilege management in a single platform. Keeper’s AI-native identity security strategy seamlessly extends these capabilities to non-human identities and agentic AI environments, enabling organizations to discover, manage and secure machine credentials and autonomous workloads with the same rigor applied to human users.
As enterprises adopt AI technologies at scale, the proliferation of non-human identities is rapidly outpacing that of human identities by 150:1, according to reports, thereby creating new attack surfaces and operational complexity. Keeper’s platform helps organizations establish identity-first security strategies that provide security, visibility, governance and least-privilege controls across their entire identity ecosystem.
“Autonomous agents, frontier LLMs and machine-to-machine workflows are operating inside enterprise environments right now – without adequate governance, secrets management or access controls,” said Craig Lurey, CTO and Co-founder of Keeper Security. “Keeper is purpose-built to solve this problem at scale.”
The company’s continued growth and market recognition reinforce its position as one of the cybersecurity industry’s most innovative and fastest-growing providers of AI-native identity security and privileged access management solutions. Keeper’s financial profile combines best-in-class growth, profitability and a debt-free capital structure and is an asset positioned to efficiently lead identity security in the agentic AI age.
“Surpassing $225 million in ARR confirms what we’ve heard in every enterprise conversation – that securing non-human identities is the defining security challenge of the AI era,” said Darren Guccione, CEO of Keeper Security. “We have established an accelerated path to $1 billion in ARR which, coupled with our technology roadmap, will provide optionality for a public offering.”
Gartner is a trademark of Gartner, Inc. and/or its affiliates.
Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Business and Technology Insights Organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Hashtag: #KeeperSecurity
The issuer is solely responsible for the content of this announcement.
About Keeper Security
Keeper Security is the leading zero-trust and zero-knowledge identity security solution, trusted by millions of people and thousands of organizations globally. KeeperPAM® is Keeper’s privileged access management platform that unifies password and passkey management, secrets management, privileged session management and endpoint privilege management in a single cloud-native platform, protected with quantum-resistant encryption. KeeperAI delivers real-time, AI-native threat detection across every privileged session. As AI agents proliferate and identity becomes the defining attack surface, Keeper governs access for humans, machines, non-human identities and AI agents, serving as the unified control plane for access, compliance and visibility across the enterprise. For more information, visit KeeperSecurity.com.
ADNOC Distribution has agreed to buy Shell Downstream South Africa in a $1 billion deal that gives the Abu Dhabi fuel retailer control of one of South Africa’s largest petrol station networks and marks a decisive expansion of Gulf capital into Africa’s downstream energy market. The agreement covers 100 per cent of Shell Downstream South Africa from Shell South Africa Holdings, with the enterprise value subject to […]
A China-linked cyber-espionage group has expanded its use of hijacked devices to mask attacks on telecommunications infrastructure, deploying three newly documented malware implants across Windows, Linux and network edge systems. The activity, tracked as UAT-9244, has targeted critical telecoms infrastructure in South America since 2024. The campaign shows how state-aligned operators are moving beyond direct server compromise to build distributed relay networks that help them scan, brute-force […]
Eli Lilly’s once-daily weight-loss pill orforglipron has strengthened its case as a potential mass-market challenger to oral semaglutide after a large head-to-head trial showed stronger reductions in body weight and blood sugar among adults with type 2 diabetes. The late-stage ACHIEVE-3 study compared two doses of orforglipron with Novo Nordisk’s oral semaglutide, sold for diabetes as Rybelsus, over 52 weeks. At the highest tested dose, orforglipron cut […]
HO CHI MINH CITY, VIETNAM – Media OutReach Newswire – 8 July 2026 – Technology brand CUKTECH successfully hosted its first “Charge & Connect” event at The VIBES Events & Dining, officially introducing its next-generation charging ecosystem to the Vietnamese market. The event brought together company representatives, media professionals, technology reviewers, and industry partners, marking an important milestone in CUKTECH’s expansion strategy in Vietnam.
A Vision Built on Innovation
The event opened with a keynote by Eric Wang, Chief Marketing Officer (CMO) of CUKTECH, who shared the brand’s global vision and product roadmap for Southeast Asia, with Vietnam identified as one of its key strategic markets.
Eric Wang highlighted CUKTECH’s continuous investment in research and development (R&D) to solve the everyday challenges faced by modern consumers, including slow charging speeds, limited product innovation, and the increasing need for reliable, high-performance charging solutions that support multiple devices simultaneously. By combining advanced charging technologies with user-focused design, CUKTECH aims to deliver a faster, safer, and more intelligent charging experience.
Real-World Experience from Technology Reviewer Hung Khuc
One of the event’s highlights was a sharing session by Hung Khuc, one of Vietnam’s leading technology reviewers, who discussed his hands-on experience using CUKTECH products in his daily work.
“As a content creator who frequently shoots outdoors, I need charging devices that are both powerful and reliable. What impressed me most about CUKTECH’s power banks and chargers is their real-world performance. They can simultaneously fast charge my MacBook Pro, smartphone, and camera at full speed without power drops or interruptions.”
To promote transparency and foster closer engagement with the local technology community, the event concluded with an extensive media Q&A session. Eric Wang, together with CUKTECH’s product research and quality management teams, addressed questions on product localization, international safety standards, the brand’s one-for-one warranty policy, and future product development plans.
More than a product launch, Charge & Connect represents CUKTECH’s official step toward establishing a lasting presence in Vietnam. By combining cutting-edge charging technology, award-winning design, and a strong focus on user experience, CUKTECH is committed to delivering premium charging solutions that meet the evolving needs of modern consumers.
As the brand continues to expand its product ecosystem, CUKTECH aims to become a trusted technology partner for Vietnamese users while helping shape the future of premium charging accessories in the market.
Hashtag: #CUKTECH
The issuer is solely responsible for the content of this announcement.
Bake My Day has opened its first international store in Riyadh, taking the Dubai-born dessert brand beyond the UAE with a retail format built around its viral cookie dough sharing tins, fresh-baked cookies and gifting-led bakery experience. The Riyadh launch marks a cross-border step for a founder-led business that began as a home kitchen idea in Dubai and grew into a recognisable dessert label through social media […]
Samsung Group and SK hynix have laid out investment plans worth about $174 billion for South Korea’s Chungcheong region, expanding the country’s drive to secure a stronger position in artificial intelligence chips, advanced packaging, displays and next-generation battery materials.
The commitments, unveiled at a government-backed industrial development event in Asan, place Chungcheong at the centre of a broader strategy to spread high-technology manufacturing beyond the Seoul metropolitan area and existing semiconductor clusters. President Lee Jae Myung praised the companies’ “bold decision” and called for faster execution of major industrial projects, warning that global competition in semiconductors and artificial intelligence will reward countries that move with speed on permits, power, water and land.
Samsung plans to invest 140 trillion won, or about $90 billion, across the central region. The programme covers display panels, high-bandwidth memory-related capacity, semiconductor packaging substrates, batteries and other core materials. The group’s plan is expected to reinforce manufacturing links between Samsung Electronics, Samsung Display, Samsung SDI and Samsung Electro-Mechanics, whose operations span chips, OLED screens, batteries and electronic components.
SK hynix said it would invest 100 trillion won, or about $64 billion to $72 billion depending on exchange-rate calculations, in Cheongju, North Chungcheong Province. The plan includes the M17 NAND flash memory fabrication plant and P&T7, an advanced packaging and test facility. M17 is scheduled to break ground in 2026 and begin operations in the first half of 2029, while P&T7 is targeted for completion by the end of 2027.
The Cheongju expansion is intended to strengthen SK hynix’s NAND business and add back-end capacity at a time when artificial intelligence systems are raising demand for both high-performance memory and storage. While high-bandwidth memory has received the strongest investor attention because of its role in AI accelerators, large-scale data centres also require more NAND-based storage as models, user data and enterprise workloads expand.
The Chungcheong plan follows a wider national push in which Samsung Electronics and SK hynix are expected to invest hundreds of billions of dollars in new chipmaking hubs over the next decade. The government has framed the initiative as a “triple axis” strategy built around semiconductors, physical AI and data centres, with the aim of building industrial strength outside the traditional capital-area manufacturing corridor.
For Samsung, the Chungcheong investment gives the group a regional base for several linked supply chains. OLED production in Asan and surrounding areas can support premium smartphones, tablets, monitors and automotive displays. Battery investment strengthens Samsung SDI’s role in electric mobility and energy storage, while semiconductor materials and packaging substrates address one of the key bottlenecks in AI hardware production.
For SK hynix, Cheongju already has semiconductor infrastructure, making it a faster route for expansion than a greenfield project. The company has been one of the largest beneficiaries of the AI memory boom, helped by demand for high-bandwidth memory used with Nvidia graphics processors. Its latest investment signals that the company is also preparing for broader memory demand, including NAND and advanced packaging.
The scale of the commitments underlines the strategic importance of memory chips to South Korea’s economy. Samsung Electronics and SK hynix are the world’s two largest memory chipmakers, with dominant positions in DRAM and a major presence in NAND. Their investment decisions affect global supply, pricing expectations and the pace at which cloud companies can build AI infrastructure.
The programme also carries risks. Semiconductor investment cycles have often produced periods of oversupply after large capacity expansions. Investors have shown caution over whether the current AI-driven boom can absorb the output planned by the industry, especially if data-centre spending slows or if memory pricing weakens before new factories reach full capacity.
Infrastructure remains another challenge. Advanced chip plants require stable electricity, ultra-pure water, skilled engineers and rapid permitting. Lee’s comments on execution reflect concern that delays could undermine the industrial strategy. Local governments are expected to face pressure to accelerate utility connections, transport links and land-use approvals while managing environmental and community concerns.
Regional development is a central political theme of the initiative. By placing more advanced manufacturing in Chungcheong and other areas outside Seoul’s orbit, the administration is seeking to reduce economic concentration and create high-value jobs in provincial cities. That ambition will depend on whether new factories attract suppliers, research teams and service industries rather than functioning as isolated production sites.
Arabian Post Staff -Dubai Almarai’s second-quarter revenue rose 11 per cent year on year to SAR5.87 billion, as stronger demand for dairy, poultry and bakery products helped the Riyadh-listed food group absorb higher shipping, energy and raw material costs. The company’s first-half revenue reached SAR12.03 billion, up 9 per cent from the same period last year, reinforcing its position as one of the Gulf’s most closely watched […]
Greenlogue/AP Lhyfe has expanded one of Europe’s largest bulk green hydrogen logistics fleets, adding 10 new Hexagon Purus containers as it seeks to strengthen production, transport and storage capacity across a market still constrained by cost, infrastructure gaps and uneven demand. The Nantes-based producer now operates 84 Type IV tube trailers dedicated to hydrogen transport, a fleet serving its production sites, partner locations, storage facilities and transport […]
DXC Technology has opened a 200,000-square-foot Customer Experience Centre in Bengaluru, placing the city deeper into the global race to move enterprise artificial intelligence from pilot projects into live, measurable business systems.
The facility, announced on 7 July, is one of DXC’s largest global delivery hubs and brings together customer collaboration areas, an AI Hub, cybersecurity facilities, forensics labs, a Security Operations Centre and a Network Operations Centre. The centre is designed to help clients identify high-value AI use cases, test prototypes, integrate them with legacy platforms and operate them at scale.
The move comes as large companies are under pressure to modernise complex technology estates without disrupting core systems that run banking, insurance, manufacturing, public sector services, travel and healthcare operations. For global IT services firms, the most valuable opportunity now lies not only in building new AI tools, but in attaching them safely to ageing systems of record, cloud platforms, data pipelines and cybersecurity controls.
DXC said the Bengaluru site includes immersive Customer Experience Zones, Fluid Collaboration Hubs, Ideation Studios, Co-Creation Labs and Partner Experience Zones. The structure signals a shift in IT outsourcing from back-office delivery to co-engineering, where clients, consultants and technology partners work together on proof-of-value projects before wider deployment.
Ramnath Venkataraman, president of consulting and engineering services at DXC Technology, said the centre would bring engineering talent closer to customers and partners. He said the objective was to “co-create, engineer, and scale AI-powered solutions” that address complex business challenges and move clients faster from ideas to outcomes.
Rob Le Busque, DXC’s president for Asia Pacific and Japan, described the centre as a base for AI innovation, engineering and customer collaboration. He said DXC was aiming to help customers build connected enterprises where people work alongside AI agents to engineer and run systems of record.
The investment reflects Bengaluru’s continuing pull as a global technology hub. The city hosts a dense base of engineering talent, multinational technology development centres, enterprise software teams and start-up ecosystems. DXC already employs about 38,000 people in the country, making the new facility a strategic addition rather than a symbolic office expansion.
For DXC, the centre also arrives at a critical phase in its own turnaround. The company reported revenue of $12.64bn for fiscal 2026, down 1.8 per cent year on year, while adjusted EBIT stood at $970m. Fourth-quarter revenue was $3.13bn, down 1.2 per cent year on year, though bookings reached $3.3bn and the book-to-bill ratio stood at 1.07 times. Those figures underline both the pressure on legacy IT services revenue and the importance of higher-value modernisation work.
The enterprise AI market has moved beyond experimental chatbots and isolated productivity pilots. Large organisations are now seeking systems that can automate service operations, assist software engineering, improve fraud detection, support call-centre workflows, optimise supply chains and strengthen cyber response. The challenge is that many of these functions depend on decades-old enterprise platforms, heavily customised databases and compliance-heavy workflows.
That is where Bengaluru’s new DXC centre is positioned. Its AI Hub is intended to support hands-on development and testing, while the cyber and operations facilities allow clients to evaluate whether AI tools can be monitored, secured and maintained after deployment. This full-lifecycle approach is becoming central to enterprise modernisation, especially in sectors where downtime, data leakage or flawed automation can carry heavy financial and regulatory consequences.
The facility also strengthens DXC’s partner-led model. Its Partner Experience Zones are expected to support work with software, cloud, cybersecurity and platform companies. For IT services providers, alliances with hyperscalers and enterprise software vendors have become essential as clients seek hybrid solutions rather than single-vendor transformation programmes.
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CHANG ZHOU, CHINA – Media OutReach Newswire – 7 July 2026 – The global new energy vehicle market has seen rapid growth in recent years. With continued strong expectations for new energy vehicle exports, the global electric vehicle (EV) charging market is entering a new stage of rapid expansion. Recently, StarCharge, the global leading brand of EV Charging equipment and smart energy systems, held a major industry seminar in Hong Kong and released two new white papers at the event, exploring two major transformative trends in the industry that are worth paying attention to.
Charging stations are becoming a key connection of smart energy systems
According to the ‘Technical White Paper’ by StarCharge, for years, EV charging infrastructure has mainly been seen as support for vehicle sales expansion: building more chargers, expanding coverage, and speeding up charging.
However, this role is starting to change.
As electrification scales up, charging networks are becoming a part of the energy system itself. They are no longer just places for vehicles to top up; they are evolving into smart energy nodes connecting vehicles, the grid, distributed energy, storage, and digital management.
This shift from charging infrastructure to charging network systems shows that the industry is moving from basic access to integrated value: from charging services to energy services, from standalone stations to PV-storage-charging systems, from equipment deployment to scenario-based infrastructure.
StarCharge believes that the future charging network ecosystem will go through four major turning points.
Four Key Points Reshaping the Ecosystem
1. Charging Networks Are Becoming Energy Infrastructure
Charging infrastructure is going beyond its original role as just a support for EVs. As EV adoption grows, charging networks are becoming strategic energy infrastructure: they connect mobility demand with the grid, distributed energy, storage, digital platforms, and future energy services.
2. Defining the Scenarios for the Network
The future charging network won’t be shaped by hardware alone. Policies determine whether infrastructure should be built, technology determines the speed of construction, but real-world scenarios determine what the charging network actually needs to look like.
Urban commuting, highway trips, ride-hailing, logistics fleets, county and rural coverage, holiday peak demand, heavy trucks, mining areas, ports, airports, and autonomous driving all create different charging needs. Therefore, a mature charging network can’t be ‘one-size-fits-all’; it has to be designed around different vehicle types, operating hours, power requirements, reliability needs, and grid conditions.
3. Digital platforms turn charging networks into operable assets
A large charging network only truly has value when it can be scaled, optimized, and managed. This is exactly the core role of cloud platforms. They turn millions of charging points, users, stations, transactions, and energy flows into a measurable, controllable, and continuously optimized operating system.
StarCharge’s platform capabilities cover site selection, pricing, marketing, station operations, smart maintenance, charging safety, station robots, AI-based smart charging, fleet management, energy optimization, and ESG reporting. In other words, digital platforms are the key to transforming charging infrastructure from a heavy-asset network into smart, operable, and scalable assets.
4. Charging stations are becoming grid-friendly energy resources
The next-generation charging infrastructure won’t be defined by any single technology. It will be built on a complete tech stack, combining high-power charging, liquid cooling, integrated PV-storage-charging, DC bus architecture, V2G, automated charging, and AI-driven operations. In other words, future charging stations shouldn’t just be passive electricity consumers that add stress to the grid. Through energy storage, renewable energy integration, V2G, smart scheduling, and AI-based energy optimization, charging stations can become grid-friendly energy resources.
This means that aside from charging vehicles, a charging station can absorb renewable energy, buffer peak loads, respond to demand-side signals, support peak shaving and valley filling, regulate frequency, and provide carbon-neutral ESG data for fleet operators. Its business model will also go beyond charging fees, creating new value through energy services, data services, carbon-related benefits, and grid interaction capabilities.
Microgrids Have Emerged at the Right Time
At the same time, with the continuous development of distributed energy and photovoltaic energy, microgrids have emerged at the right time. They are not just a product, but a local energy system built around real-world scenarios.
In the latest “White Paper” on scenario-based microgrid technology, StarCharge points out that microgrids are moving from customized engineering projects toward scalable, replicable energy systems.
A microgrid is a scenario-based local energy system
According to StarCharge, a microgrid is not a single device, nor is it just an energy storage product. It’s a local energy system designed around the needs of a specific scenario, coordinating local generation, loads, storage, control, and operational strategies within a defined electrical boundary.
Moreover, depending on the scenario—such as data centers, individual charging stations, zero-carbon industrial parks, or green mines—the energy challenges are completely different. The right microgrid is defined by the scenario it serves.
The white paper also highlights four high-value paths: electricity-computing synergy, independent power supply, zero-carbon parks, and green mines. In areas with weak grids or limited grid access, microgrids ensure the operation of critical loads. In emerging load scenarios like data centers and industrial parks, microgrids support renewable energy integration, energy resilience, and cost optimization. In high-tech-demand scenarios like mines, microgrids become the foundation for ensuring production continuity, energy transition, and ESG competitiveness.
The three-stage evolution of microgrids
As power sources and loads become increasingly DC, microgrid architectures are evolving from AC-dominated systems to AC-DC hybrid systems, and eventually toward microgrids with a higher proportion of DC.
Microgrid 1.0 — dominated by AC architecture. It integrates renewable energy into the existing AC grid framework, but its control heavily relies on grid-following management and support from the external grid.
Microgrid 2.0 — the AC-DC hybrid stage. AC and DC buses coexist, allowing PV, storage, and DC loads to connect more directly. Bidirectional power hubs, solid-state transformers (SST), and energy routers become important bridges between AC and DC systems. This stage balances strong AC compatibility with higher DC efficiency and is expected to remain mainstream in the next 10-15 years.
Microgrid 3.0—it’s the era of DC microgrids. As solar PV, wind power, battery storage, data centers, LED lighting, and EV charging increasingly move toward DC, DC microgrids can reduce repeated AC-DC conversion losses, simplify control, and support millisecond-level responses.
This evolution is closely linked to the mission of microgrids: breaking through energy access bottlenecks, enabling sustainable development, connecting technology, industry, policy, market, and community needs, and unlocking the integrated value of local energy systems.
In the future, StarCharge will steadily expand into the growing global markets for new EVs and renewable energy, building on its smart energy systems that have been widely validated in the Chinese market.
Hashtag: #StarCharge
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